angelina.rose
 |
I guess it depends on your other assets - property, investments etc.
I'm not sure just having £100k in the bank classes you as 'wealthy' but I would say it means you are 'comfortable'.
However, if you own property, have no debt and still have £100k in savings, then maybe..... |
|
Valiant
 |
This depends on your lifestyle and your plans for the money.
If the 100K is in an account and you are saving it then yes. Seek professional advice on how to invest it wisely.
If the money is to be used to fund a purchase i.e. house, then no.
If you are spending the money to supplement your lifestyle, then no.
Depends on the ratio of your savings to your income. Earn £10K pa then yes you are wealthy, earn £100K pa then no.
The question is, do you feel wealthy. Only you know the answer to that. |
|
Paddy B
|
If your total assets less your total liabilties = 100K then yes. |
|
Billy The Newfie
|
yes but not as wealthy as me. But it's a start so keep up the good work. |
|
YourDreamDoc
|
Yes! comparing to those who have no house, no cars, no jobs
No comparing to those who has no debts, no mortgage but with big house, with more money than you |
|
Its Scarlett 2 U
 |
Hmmmm.... Are you single??? :)jk |
|
David B
|
Lucky you, spread the wealth i say!!!!! |
|
miss smidgey
|
why boast my partners dad is a millionaire & misrable no holidays goes out one day a week all he does is look at stocks & shares & smoke ,drink himself to death
if money makes your world you are a sad person.family ,health, love , skint makes mine& I am probably more happy than you |
|
spannerbox
|
Let me have your bank detail's and i'll let you know |
|
jizzumonkey
|
and? i am £200 overdrawn do i consider myself poor?? |
|
Big Bully
 |
No |
|
Allan
|
Not only does it depend on your other assets and debts, but also:
1) how it's invested... is it earning a decent interest rate, or is the value eroding with inflation?
2) your age.... are you 20 or 60? If you are young, 100K of net worth is a good start on your retirement nest egg. However, if you are 60, that money is not going to go very far when you retire. |
|
cliffhanger
|
I've just checked your account and someone is telling fibs |
|
xx_lush_xx
|
hello, you're my new best friend:D!!! |
|
Franco
 |
Not if it is 100k Iraqi dinars.
Has it ever occurred to you that there could be other currencies in the world, besides the one you are holding? |
|
taz c
|
Buy a small house - if you boast about it, we'll all want some. |
|
Stevie mac
|
of course you are dear...now let me tuck you in and swallow your medication |
|
sarah3000
|
lend me a fiver and ill tell ya....i mean really.....100k thats spare change to most of us....aint it!!! |
|
Michael H
|
no |
|
deadman
|
Liar |
|
robert s
|
No, I think I didn't feel comfortable until I had a mill in cash. |
|
Starbucks25
|
Good for you pal. Can i borrow say £50,000 |
|
| |
|
Homepage 
Financial
Forum 
Personal Finance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
